Load Forecasting Enhancement Act
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Summary
The Load Forecasting Enhancement Act requires the Federal Energy Regulatory Commission (FERC) to establish regional joint boards composed of state utility commissioners and FERC members to study best practices for electric load forecasting. The joint boards will examine issues including data collection methods, forecast accuracy, transparency, and reliability, then report recommendations to Congress within one year. The bill amends the Public Utility Regulatory Policies Act to require state regulatory authorities to consider and adopt these load forecasting recommendations, and amends the Energy Policy and Conservation Act to include load forecasting procedures in state energy conservation plans.
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